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20130201
20130209
Search Results 0 to 3 of about 4 (some duplicates have been removed)
. >> greg? >> well, i would add that ironically the budget deficit is falling, certainly as a percentage of gdp. and we will get next week i think on the tuesday from the congressional budget office new budget figures that show that, in fact, the deficit is dropping and dropping pretty significantly. >> guy, one last question to each of you, quickly. you've been watching the marks so long. we've got near records for stocks. gdp shrank, jobless growth, okay. why is the market so excited about what's happening either corporate profits or the economy, austin? >> you know, that is -- that's a good question. i think a lot of people have been asking it. i think we have been in the context of record corporate profits. and remember the fundamentals of the stock price, if you added up all the money that the market forecasts that the company will make in the future, that's how much the stock should be worth. so record corporate profits in some sense should have been reflected in higher prices already, and now -- and the only reason they weren't, i think, was because people were afraid washington m
Search Results 0 to 3 of about 4 (some duplicates have been removed)